1515 S Grant Ave, Crawfordsville, IN 47933

Colliers International is pleased to present an investment opportunity for the Social Security Administration (SSA) office located at 1515 South Grant Avenue, Crawfordsville, IN. This single-tenant property consists of a 5,400-square-foot office building that was developed in 2008 as a build-to-suit for the Social Security Administration (SSA) that includes 27 parking spaces on 2.62 acres. The property is cumbered by a new 15-year gross lease, 10-year firm term, which is backed by the US Government, AA+ S&P rated.

Crawfordsville Indiana is the county seat for Montgomery County and is just 49 miles west of Indianapolis Indiana. Crawfordsville has a solid industrial base with major employers that include RR Donnelley, Nucor Steel, Acuity Brands Lighting, Inc., and United Steel Workers. Other major employers include the Franciscan Health that’s a 103-bed hospital, and a newer Wal-Mart Complex, and national retail franchises.

The SSA is an independent agency of the U.S. federal government that administers Social Security, a social insurance program consisting of retirement, disability, and survivors’ benefits. To qualify for most of these benefits, most workers pay Social Security taxes on their earnings; the claimants’ benefits are based on the wage earners contributions. The SSA is headquartered in Woodlawn, Maryland. The agency includes 10 regional offices, eight processing centers, and approximately 1,300 field office, and 37 Teleservice Centers. As of 2018, about 60,000 people were employed by the SSA, with a budget of $1.06 trillion.

This investment is ideal for an investor who is seeking a stable cash flow from one of the highest credit tenants available.

New 15-year Lease with 10-years Firm Term
U.S. Government Investing over $200,000 in Tenant Improvements
LED Lighting Upgrade Throughout the Facility
Newer Build-to-suit Facility in 2008
U.S. Government Credit Rated AA+ S&P
5,400 SF on 2.62 acres
27 parking spaces